AUD Study Group Q1 2016 - Page 70

Viewing 15 replies - 1,036 through 1,050 (of 1,065 total)
  • Author
    Replies
  • #747801
    cdn
    Participant

    Thanks @ EuroAddict.
    I have to read questions more carefully.

    #747802
    EuroAddict
    Participant

    Half the battle of AUD is reading the Q correctly.

    -----------------------------
    BEC - 77, 03/2015 (first try)
    FAR - 79, 05/2015 (second try)
    REG - 83, 12/2015 (first try)
    AUD - 84, 03/2015 (first try)

    I got 99 problems but the CPA ain't one.

    #747803
    cdn
    Participant

    I started to understand that it is my weak point 🙂

    #747804
    Char143
    Participant

    Thanks monikernc! REG next :/

    AUD (2/16)-84
    REG (05/16)-69 Retake (7/16)-79 (ty ninja MCQ)
    BEC-TBD
    FAR-9/8/16

    #747805
    NYaccountingstudent
    Participant

    Just found out i passed BEC so i will be partaking in the audit Q2 study group.

    I am going to start studying when busy season is over

    #747806
    EuroAddict
    Participant

    @NYACCOUNTING – Where in NY ya from?

    -----------------------------
    BEC - 77, 03/2015 (first try)
    FAR - 79, 05/2015 (second try)
    REG - 83, 12/2015 (first try)
    AUD - 84, 03/2015 (first try)

    I got 99 problems but the CPA ain't one.

    #747807
    EuroAddict
    Participant

    @NYACCOUNTING – Where in NY ya from?

    -----------------------------
    BEC - 77, 03/2015 (first try)
    FAR - 79, 05/2015 (second try)
    REG - 83, 12/2015 (first try)
    AUD - 84, 03/2015 (first try)

    I got 99 problems but the CPA ain't one.

    #747808
    NYaccountingstudent
    Participant

    @EuroAddict Long Island hbu?

    #747809
    EuroAddict
    Participant

    Albany area but moved out of state last year.

    -----------------------------
    BEC - 77, 03/2015 (first try)
    FAR - 79, 05/2015 (second try)
    REG - 83, 12/2015 (first try)
    AUD - 84, 03/2015 (first try)

    I got 99 problems but the CPA ain't one.

    #747810
    Susarino
    Participant

    Passed AUD!! 75 trending score 77.5

    #747811
    monikernc
    Participant

    farwars, congrats on BEC. good luck with audit. april fool's day is a good date for that one! see you soon in reg.

    FAR 7/25/15 76!
    AUD 10/30/15 93
    BEC 2/27/16 82
    REG 5/23/16 88!
    Ninja Book and MCQ and the forum - all the way!!!
    and a little thing i like to call, time and effort!
    if you want things to change, you have to do something different

    #747812
    FAR_WARS
    Participant

    thanks moniker. I hope to catch up to you. see you in reg in april.

    FAR- 80
    BEC- 75
    AUD- 78
    REG- ?

    #747813
    monikernc
    Participant

    you will. i know you get audit but the wording of those questions makes it so hard. kill it!

    FAR 7/25/15 76!
    AUD 10/30/15 93
    BEC 2/27/16 82
    REG 5/23/16 88!
    Ninja Book and MCQ and the forum - all the way!!!
    and a little thing i like to call, time and effort!
    if you want things to change, you have to do something different

    #747814
    TrapQueen74
    Participant

    Hey everyone! I just had a quick question regarding different answers in Wiley and Becker. I've been using Becker to study, but for my review I have been using some of the Wiley multiple choice (Jan 2015 edition) for extra practice.

    How does an auditor make the following representations when issuing the standard auditor's report on
    comparative financial statements under U.S. auditing standards?
    answer (implicit) or (explicit)
    1. examination of evidence on a test basis
    2. consistent application of accounting principles

    Becker states the answer is Implicit, Implicit. However, Wiley states the answer is Explicit, Implicit.

    I understand that Consistent Application of Accounting Principles is Implicit, however I thought the Examination of Evidence on a test basis had to be Explicitly stated. I am just unsure of what the answer actually is. If anyone could offer any insight on this it would be appreciated.

    #747815
    FAR_WARS
    Participant

    Becker is asking about a nonissuer, while wiley is asking about an issuer.

    REPORTS ON COMPARATIVE STATEMENTS:

    Consistency
    -implicit for both.

    Examination of evidence on a test basis
    -implicit for nonissuers.
    -explicit for issuers.

    FAR- 80
    BEC- 75
    AUD- 78
    REG- ?

Viewing 15 replies - 1,036 through 1,050 (of 1,065 total)
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